The automotive suppliers with the highest profit
Profit of the world's largest automotive suppliers, from each company's latest fiscal year and in euros. Compiled by Philipp Raasch, almost 10 years at Mercedes-Benz, independent automotive industry analyst.
Last checked Oct 11, 2026
CATL leads with 9.6 €bn, ahead of Cummins (2.5 €bn) and Denso (2.5 €bn).
Automotive suppliers by profit
| # | Company | Size | Country | Profit | FY |
|---|---|---|---|---|---|
| 1 | CATL | China | 9.6 | 2025 | |
| 2 | Cummins | United States | 2.5 | 2025 | |
| 3 | Denso | Japan | 2.5 | 2026 | |
| 4 | Hyundai Mobis | South Korea | 2.4 | 2025 | |
| 5 | Sumitomo Electric | Japan | 2.1 | 2026 | |
| 6 | Bridgestone | Japan | 1.8 | 2025 | |
| 7 | Michelin | France | 1.7 | 2025 | |
| 8 | Infineon | Germany | 1.0 | 2025 | |
| 9 | Aisin | Japan | 1.0 | 2026 | |
| 10 | HASCO (Huayu Automotive) | China | 1.0 | 2025 | |
| 11 | Magna International | Canada | 0.7 | 2025 | |
| 12 | Knorr-Bremse | Germany | 0.5 | 2025 | |
| 13 | Pirelli | Italy | 0.5 | 2025 | |
| 14 | Lear | United States | 0.4 | 2025 | |
| 15 | Brembo | Italy | 0.2 | 2025 | |
| 16 | Valeo | France | 0.2 | 2025 | |
| 17 | OPmobility | France | 0.2 | 2025 | |
| 18 | Aptiv | Ireland | 0.1 | 2025 | |
| 19 | Continental | Germany | -0.2 | 2025 | |
| 20 | Mobileye | Israel | -0.3 | 2025 | |
| 21 | Schaeffler | Germany | -0.4 | 2025 | |
| 22 | Aumovio | Germany | -0.7 | 2025 | |
| 23 | Goodyear | United States | -1.5 | 2025 | |
| 24 | Forvia | France | -2.1 | 2025 |
Fiscal years can differ by company (FY column).
Profit is the industry's most honest number. Revenue can be bought and market value can be gifted by the stock market, but profit has to be earned. This is exactly where those who build cars part ways with those who make money on cars.
Methodology
Profit from each company's latest available fiscal year (fiscal year column), converted to euros at the ECB reference rate. Fiscal years vary: Japanese automakers report through the end of March. All figures come from the published consolidated financial statements. For conglomerates (Xiaomi) and semiconductor groups (Infineon) the group-level figure is used, marked with a label. Privately held companies such as Bosch and ZF are not included here.
All information is provided for informational purposes only and does not constitute investment advice. Financial figures may be delayed, preliminary or contain errors. No guarantee of accuracy, completeness or timeliness. Exchange rates: European Central Bank.
Frequently asked questions
Which automotive supplier earns the highest profit?
CATL earns the highest profit of any automotive supplier, at 9.6 billion euros, ahead of Cummins (2.5) and Denso (2.5). As of fiscal years 2025/2026.
How is profit made comparable?
Profit is the consolidated net income after taxes from each company's latest published fiscal year, converted to euros at the ECB reference rate. Losses appear as negative values. Fiscal years vary; Japanese automakers report through the end of March.
Why are there losses in this ranking?
Some automakers and suppliers post losses in a given fiscal year. They appear as negative values at the bottom of the ranking so the picture stays complete.